From 2013 to 2023, the export of Essential Oils, Perfumes, Cosmetics, and Toiletries from the Netherlands has shown a generally positive trend, starting at $3.165 billion in 2013 to reaching $4.7033 billion in 2023. The yearly growth rates fluctuated, but the Compound Annual Growth Rate (CAGR) over the last five years stood at 3.15%. The recent years, specifically 2022 and 2023, saw moderate growth rates of 3.17% and 3.01% respectively.
Looking forward from 2024 to 2028, the forecast indicates continuous growth, albeit at a slower pace with an expected CAGR of 2.23%, reaching $5.4206 billion by 2028. This suggests a steady but moderate increase in exports, reflecting a potentially maturing market.
Future trends to watch for include:
- Increasing demand for natural and organic products which may drive growth.
- Shifts in consumer preferences toward sustainable and eco-friendly packaging.
- Emerging markets and their increasing purchasing power could present new opportunities for export.